v3.26.1
Other Revenues and Other Expenses (Tables)
 6 Months Ended
Jun. 30, 2026
Other Income and Expenses [Abstract]  
Disaggregation of Revenue
Information on other revenues, which primarily includes fees related to service contracts from customers, was as follows:
Three Months
Ended
June 30,		Six Months
Ended
June 30,
2026202520262025
(In millions)
Vision fee for service arrangements$144 $133 $303 $287 
Prepaid legal plans176 158 352 319 
Institutional Client asset management fees (1)
186 95 372 172 
Administrative services-only contracts 82 73 163 147 
Recordkeeping and administrative services (2)
35 34 69 70 
Other revenue related to service contracts from customers (1) (3)
101 111 199 220 
Total revenues related to service contracts from customers
724 604 1,458 1,215 
Other121 75 239 151 
Total other revenues$845 $679 $1,697 $1,366 
__________________
(1)As a result of the Strategic Reorganization, the presentation of the components of other revenues was revised to report MIM segment Institutional Client asset management fees herein and, as a result, $24 million and $49 million of revenue for the three months and six months ended June 30, 2025, respectively, were reclassified to other revenue related to service contracts from customers.
(2)Related to products and businesses no longer actively marketed by the Company.
(3)Includes $11 million and $22 million for the three months and six months ended June 30, 2026, respectively, and $12 million and $24 million for the three months and six months ended June 30, 2025, respectively, for asset management fees from management of general account equity method investments. See Note 19 for additional related party transactions.
Other Expenses
Information on other expenses was as follows:
Three Months
Ended
June 30,		Six Months
Ended
June 30,
2026202520262025
(In millions)
Amortization of DAC, VOBA and negative VOBA$588 $528 $1,156 $1,047 
Interest expense on debt292 269 557 527 
Direct:
Employee-related costs (1)1,070 936 2,179 1,927 
Third-party staffing costs393 413 780 789 
General and administrative expenses154 130 286 256 
Commissions and other variable expenses2,033 1,606 4,060 3,153 
Capitalization of DAC(950)(787)(1,909)(1,485)
Premium taxes, other taxes, and licenses & fees194 158 393 319 
Pension, postretirement and postemployment benefit costs70 66 140 136 
Total other expenses$3,844 $3,319 $7,642 $6,669 
__________________
(1)Includes ($52) million and ($72) million for the three months and six months ended June 30, 2026, respectively, and ($58) million and ($81) million for the three months and six months ended June 30, 2025, respectively, for the net change in cash surrender value of investments in certain life insurance policies, net of premiums paid.